3. (9 points) Match the items in column 1 with the correct item in column 2. Column 1 olumn 2 Capital structure 1. Stock value per dollar of net income 2. The markets are quick and the prices are right 3. A dollar received today is worth Dividend payout ratio The time value of money Cash is king Price earnings ratio The risk-return trade-off Incremental cash flows The agency problem Efficient capital markets more than a dollar received in the future. 4. Liquidity ratio 5. Good financial decisions increase the price of a firm's stock 6. Managers won't always pursue the best interests of owners. 7. Percent of net income paid to stockholders 8. We won't take on additional risk unless we expect to be compensated with additional return. 9. Cash flows are the relevant measure of economic benefits, not accounting profits. 10. It's only what changes that counts 11. Taxes bias business decisions 12. The right hand side of the balance sheet 13. Short-term debt securities trading place